Latest / Simply Bitcoin / They HATE Bitcoin Mining, Here's Why | EP 530
Transcript
- 0:04Welcome back, everyone. It is the weekend edition.
- 0:07We're simply Bitcoin. I'm back in my home studio.
- 0:10We break down the news. The daily fail mean review,
- 0:13software releases, Hardware, releases and the pleb sites.
- 0:17All right, Nico. You know where we're going,
- 0:18we're diving into the numbers, let's do it.
- 0:20My friend number time brought to you, by Donald they make some of
- 0:23the best Bitcoin notes like the not 01.
- 0:27Run your own version of Bitcoin core, the light Network world.
- 0:30A pool and Tojo, all from the comfort of your own home.
- 0:33Remember guys, if you don't run your own Bitcoin node, you're
- 0:36using someone else's. And if you're a digital Nomad,
- 0:39you have no excuse because not all Cloud.
- 0:41Just release run annatto node through a virtual private
- 0:45server. Anywhere around the world, visit
- 0:47novel dot EU at the time of this recording, the block height is
- 0:50745,000 a 138 the Bitcoin price 20,000 795 chain rewrite days.
- 0:56870 total public lightning capacity 4260 dot eighteen
- 1:04Moscow, time forty eight oh nine blocks to The Happening 94,000
- 1:07861 it just changed and the samurai Whirlpool unspent
- 1:12capacity Samurai Whirlpool is a coiner collaborative.
- 1:15Spend it is not the mixing service and the unspent capacity
- 1:19from that pool is 4860 4.70 Nico.
- 1:24Those are the numbers and I just want to say for Bitcoin being
- 1:28dead. 4260 BTC on the sorry, on public nodes.
- 1:37I mean, we went up over 100 BTC in the last, I'd say week and a
- 1:40half. So that's some pretty decent
- 1:44signal. I'm pleased with that at least
- 1:46not everything's going down right at least.
- 1:48There is some some positive numbers.
- 1:51Inflation is going up. We got the numbers in a couple
- 1:53of days ago, that's also going up.
- 1:55You go the grass is greener on the other side you just have to
- 1:57ignore everything. I'm very glad You brought up the
- 2:00inflation point, right? Because we always hear from
- 2:03these, you know, these bureaucrats how much they care
- 2:07about inflation, you know, they, you know, they wheel out Joe
- 2:11Biden and he goes out and he says, listen, you know, that
- 2:14inflation is my main priority. But I don't think that's true.
- 2:21Let's play this video and we'll talk why we are following
- 2:23breaking news here at the live desk coming in.
- 2:25Just out of the nation's capital, the US announcing a new
- 2:29one point seven billion dollars in Aid to help Ukraine
- 2:33specifically to help pay healthcare workers, still trying
- 2:36to treat patients even after hospitals have been bombed or
- 2:39closed because of Russia's Invasion.
- 2:41The money is strictly for humanitarian purposes.
- 2:43Coming from the US agency for International Development, the
- 2:46treasury Department and the Bank.
- 2:49Just last week, the u.s. announced it was sending four
- 2:51hundred million dollars in military equipment to Ukraine as
- 2:54well. We are false So here's the
- 2:59inflation rate highest it's been and 40 years.
- 3:04Have we actually talked about this in an earlier show like two
- 3:07or three episodes ago. So I'm not going to bring it up
- 3:09but basically last time the US was in this position, the US
- 3:13actually had the power to raise those, you know, those interest
- 3:18rates. Now not so much.
- 3:23So dude why my Republic Vibes we care about inflation?
- 3:30But we're sending 1.7 billion to you, this is on top of the
- 3:34fucking money that they set prior mind.
- 3:38You, they left 80 billion and Afghanistan, but they care about
- 3:44inflation. I don't believe them.
- 3:48That's my two cents. It's me go.
- 3:51It's gaslighting but hold on a second.
- 3:53We're weren't we talking about a number like last week, wasn't
- 3:56there a number 40 billion floating around?
- 3:58Yeah, well so so I don't understand.
- 4:01So so we printed 40 billion in Aid and then we added 1.7.
- 4:06Like, how is that what's fixing issues like how to pay for the
- 4:10health care of ukrainians? While over here people can't pay
- 4:15for gas and inflation as at 9% Ain't So when I don't care
- 4:23democrat or republican but like when they roll out a politician
- 4:28to say inflation is our top priority and then they're doing
- 4:32shit like that. Where's that money coming from?
- 4:35They don't have the US. The government spends more money
- 4:39every year than it collects an income tax.
- 4:41Okay. So where's that money coming
- 4:43from? They have to print it.
- 4:45When you print more money, you add more money to the money
- 4:48supply that causes more. Inflation.
- 4:50So what the fuck is going on? Excuse my language.
- 4:53But like, I don't understand, I don't get it.
- 4:56This is clown World. Why my Republic Vibes?
- 4:59I'm happy. My money isn't something that
- 5:02can't be debased. I'm happy that my wealth.
- 5:04My energy. My work is in Bitcoin and not
- 5:08the fucking government shit coin called.
- 5:10The US dollar that is absolute Insanity.
- 5:13Total clown world to me? What do you think Phil?
- 5:16Yeah I feel like I'm just watching a show about
- 5:19Gaslighting that. That's that's really what I feel
- 5:22like because it's exactly what you just said is perfect and it
- 5:28makes absolutely no sense. So, you're sitting there you're
- 5:31looking at the the condition of the country, right?
- 5:33Not picking on any particular States or anything like that, or
- 5:36any political leanings, right? You look at the condition of the
- 5:39country and you say to yourself, why the hell, are we not?
- 5:43Like look if we're gonna sit there and debase the currency,
- 5:46if we're going to sit there and and essentially just Make
- 5:50everybody poor to make it to explain it simply if we're going
- 5:53to do this, why don't we just keep the money here and actually
- 5:57help people? Because that's not what this is
- 5:59about. That's not what this is about at
- 6:01all, the government. I'm sorry to say this, you know,
- 6:03I'm sure that everybody already knows.
- 6:04Government doesn't give a shit about you, then give a shit
- 6:07about me doesn't give a shit about any of this.
- 6:09Okay. What it needs to do is maintain
- 6:12its moat, okay? And to me when I see inflation
- 6:17like this, like it depends on What narrative you're talking
- 6:20about? Because I have heard the
- 6:22narrative that other countries are essentially attacking the US
- 6:26dollar. And so the value of the USD is
- 6:29going up against is going higher against other currencies.
- 6:35So as a result as a result, the u.s. is trying to print more in
- 6:40order to help lower the strength of the u.s. dollar.
- 6:43Now look, I don't i-i'm sorry like I can't really, I can't do
- 6:48the mental gymnastics. Fix that.
- 6:50It takes to even pretend to agree or validate if that's true
- 6:57or not. Okay, but what I do know is this
- 7:02since 1971, our purchasing power has dropped exponentially in the
- 7:07last two years, the government has printed 70% of all of the
- 7:12dollars in existence. We've also experienced some of
- 7:14the highest inflation in the last.
- 7:18What is it in the last 30 years? Years, 40 years.
- 7:21So I gotta say, I don't know what those other stories are but
- 7:26they're not the it's not fitting The Narrative, it's not actually
- 7:29working. Like I know that from the
- 7:30corporate owned media were getting this information but it
- 7:33doesn't actually match reality. So this is why I say that.
- 7:37They're gaslighting us because nothing that is being said is
- 7:40actually matching reality anyways.
- 7:43That's yeah. That that that's a horrible.
- 7:46Really just terrible stuff my dude.
- 7:48Yeah. I think you hit every on the
- 7:49Sorry about that. I think you hit the nail on the
- 7:51head, dude. It's total gaslighting.
- 7:54It's lies. And remember, 1971.
- 7:57What you said? Richard Nixon took us off the
- 8:00gold standard to keep paying for the war in Vietnam, right?
- 8:03So, it's like, dude, it's like fuck these wars, man, because
- 8:09that's what the Fiat, listen. No, individual or country or
- 8:13whatever should have the power to create money out of thin air.
- 8:17I think. I think there's very bad
- 8:19consequences. Uses when that happens and I
- 8:21think we're living through it. Right?
- 8:23Whether that's the world economic Forum as an
- 8:25institution, whether it's the US war machine right?
- 8:29Whether it's constantly bailing out the big Banks fucking over,
- 8:33you know, Main Street, like dude this system needs to end and I
- 8:37think Bitcoins going to play a key role in that but anyway so
- 8:39it's time for oh go ahead. I'm sorry I just wanted to add
- 8:43one point before we move to the next thing.
- 8:45If the government if the government has the peoples and
- 8:48had the people's support, For these wars.
- 8:51Why do they have to print the money without the people's
- 8:54support and validation? Well, that's exactly the point.
- 8:58It's not, that's the magic of it.
- 9:00They don't have to tell. It's like what Milton Friedman
- 9:03has to have support. They don't.
- 9:05Yep. Milton Friedman has the best
- 9:06thing. It's like this is the this is
- 9:08the in the hidden tax because it's a tax that you don't agree
- 9:11to. It's just a just printing.
- 9:13They're like oh it's inflation. I don't know what's going on.
- 9:16It's like dude you cost if my friending too much money Like
- 9:20it's insane bro. It's insane.
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- 9:51cloaks.com. So we always tell you in the
- 9:53show, Bitcoin is going to be attacked by two methods, right?
- 9:58The right to self custody, they're going to get to that.
- 10:00But what they're really focusing on right now is Bitcoin and it
- 10:07using too much energy, right? Of course they don't get into
- 10:10the Nuance but but they do have the corporate media machine
- 10:15behind them. I'm going to show you the
- 10:17collusion, the collaboration, this This is not a coincidence
- 10:21guys. Okay like it wasn't a
- 10:23coincidence that as soon as Elizabeth Warren or sorry.
- 10:28As soon as the New York Times reported that Bitcoin might
- 10:31potentially be used by Russia to money laundering.
- 10:34Even though the treasury said the exact opposite Elizabeth
- 10:36Warren came out of her cave and said the same thing the next day
- 10:41that is not a coincidence. And you know what?
- 10:43It just happened again. Elizabeth Warren does not care
- 10:46about sanctions. Elizabeth Warren, does not care
- 10:49about the Environment. Those are just very convenient
- 10:52ways to attack Bitcoin. Why?
- 10:55Because they cannot control it. Anyways, let's check out this
- 10:59collusion and PBS NewsHour. Bitcoin requires an immense
- 11:03amount of energy. Here's why that's sparking a
- 11:06crypto backlash. Next one, New York Times the
- 11:09paper of record crypto mining capacity and u.s.
- 11:12Rivals energy use of Houston finding show.
- 11:16We have covered this many times right fit Coin mining uses my
- 11:21energy. That was stranded energy.
- 11:23That was not being used. If it was being used it would be
- 11:26too expensive. If, for example, houses in
- 11:30Houston and houses and and the the mind we're competing for the
- 11:34same power, it would be too expensive for Bitcoin miners,
- 11:37Bitcoin, miners go towards cheap electricity.
- 11:41That's where it s economical to mine.
- 11:43Bitcoin course. That's not mentioned in this
- 11:45article because this article is not about telling the truth.
- 11:48It's about power. Anyways, moving on seven of the
- 11:51largest Bitcoin, mining companies in the United States
- 11:53are set up to use nearly as much electricity as the homes in
- 11:57Houston. You check out that first
- 11:58segment, the Bitcoin minds are set up to use as much
- 12:03electricity as homes in Houston. That's what they're set up for.
- 12:05That's their purpose that's her opening line.
- 12:08According to data, disclosed, Friday, as part of an
- 12:11investigation by Congressional Democrats who say minors should
- 12:14be required to report their energy, use the United States
- 12:17has seen an influx of cryptocurrency.
- 12:19Shhoo use powerful energy, intensive, commuter computers to
- 12:22create and track the virtual currencies after China.
- 12:25Crackdown on the practice last year.
- 12:28I'll give you guys just my own opinion.
- 12:30Maybe you disagree disagree, when the Chinese Communist party
- 12:32is doing one thing. And the United States is doing
- 12:35the opposite. That's usually a good thing.
- 12:37I don't want to follow the Chinese Communist as much as
- 12:40Charlie Munger would like that, anyways, Democrats led by
- 12:44Senators. Elizabeth Warren are also
- 12:46calling for the companies to report their emissions of carbon
- 12:49dioxide. The greenhouse gas.
- 12:51That is the main driver of climate change, this limited
- 12:54data alone, reveals that crypto miners are large energy users
- 12:57that account for a significant rapidly growing.
- 12:59Amount of carbon emissions said Warren and five other members of
- 13:03Congress wrote in a letter to the heads of the EPA and
- 13:06Department of energy. That's why the Supreme course
- 13:10case that we reported on last week.
- 13:12West Virginia versus the EPA was so Monumental because the
- 13:15Supreme Court ruled in favor of the state's getting to, Wait
- 13:19what their energy policy and what their energy policy is not
- 13:23and it takes away power from the federal government like
- 13:25Elizabeth Warren to Central plan and say hey you guys are not
- 13:29entitled to use energy. The way that you see fit US
- 13:32Government. Bureaucrats are going to get to
- 13:34decide that for you. That's always been a recipe for
- 13:36disaster added to the strain on the power grids and state like
- 13:40Texas again the narrative, remember the first line right?
- 13:44Bitcoin mining is competing for energy that these Houston homes
- 13:48are saying now they're making the False claim that is adding a
- 13:51strain on the power grid in Texas.
- 13:54We reported a Bloomberg article, you don't have to take our word
- 13:56for it. A couple, it was actually like
- 13:58either yesterday's episode of the episode before we told you
- 14:01guys, what did the Bitcoin miners?
- 14:03Do when Texas needed more energy because they decided to invest
- 14:08in renewable energies like like when meals like like the wind
- 14:12turbines that accounts for 7% of enter of Texas's energy capacity
- 14:17but the wind turbines were only Lee producing eight percent,
- 14:22eight percent of their total energy capacity, why?
- 14:24Because wind doesn't blow 24/7 same as the sun.
- 14:27It's not that I have anything against renewable energies.
- 14:29I love Hydro hydros working all the time.
- 14:33It's that you can't pitch the public about these renewable
- 14:36energy sources and not talk about the potential cons, right?
- 14:40It's all Pros but it's no cons. Look at Germany, Germany had to,
- 14:44they were forced to turn on their coal plants again.
- 14:48There were forced to Claire, that natural gas and nuclear
- 14:51energy is green. So again, it's cheap virtue
- 14:54signaling that has real-world consequences.
- 14:57It's not a coincidence that New York, California and Germany,
- 15:01have some of the highest electricity prices and their
- 15:05respective countries compared to a state like Texas.
- 15:07That's cheaper, electricity prices.
- 15:09So the middle and lower classes, right are actually playing less
- 15:13than they were in California and New York and Germany.
- 15:17Anyways, that process a complex A complex game using power and
- 15:21power. Hungry computers.
- 15:22Again, the framing power-hungry commuters is highly and
- 15:26energy-intensive. They have to tell you twice that
- 15:29it's energy-intensive. Not once twice, power-hungry
- 15:31computers higher energy, intensive, like this is total
- 15:35framing. This is bullshit.
- 15:38So it goes on to say right about different, different mining
- 15:42operations, right about its potential air, pollution about
- 15:46why aren't Why isn't the banking sector held to the same?
- 15:52Regulations as Bitcoin mining. Why is Bitcoin mining different?
- 15:56You would like to do know because Bitcoin is energy
- 15:58intensive. So is the banking sector, why?
- 16:02Because they want to get to decide what energy uses energy
- 16:05uses. Okay?
- 16:06And what is not? Okay.
- 16:07And here's the thing guys, it's not about energy use and the
- 16:10Norway example is always the best example, we covered this.
- 16:14When it came out back in May Bitcoin mining and Norway gets
- 16:17the green light as the proposed band rejected.
- 16:20Let's check out who was trying to do it the proposed.
- 16:22The proposal to ban mining in Norway was first suggested in
- 16:25March. This year, by the red party
- 16:27Norway's Communist party. In this week's vote, The
- 16:29Proposal is overturned. As only Norway's left-leaning
- 16:33parties, including the Socialist left party, the red party, and
- 16:37the green party would support a ban on cryptocurrency mining.
- 16:40Now here's the key guys. Here's the signal Norway now.
- 16:43Contributes as much as 1% to the global Bitcoin hash rate here.
- 16:47It is taking advantage of 100% renewable energy.
- 16:52In the land of the Midnight Sun. So even in Norway, even in
- 16:57Norway, where 100% of Bitcoin miners are powered by renewable
- 17:01energy, they still wanted to ban it.
- 17:05What's going on here? You think?
- 17:07Oh, that's just a New York Times article.
- 17:08It's no big deal. They're not giving up because of
- 17:11course, they're not going to give up because it's about power
- 17:14and control. Here's a new letter to the EPA
- 17:17to the Department of energy. Elizabeth Warren, says, 80
- 17:22million tons of carbon dioxide emissions.
- 17:26Here are some of the the Senators Rasheeda Talib Jeffrey,
- 17:31a mer clerkly, Jared, Huffman Elizabeth, Warren Sheldon,
- 17:36Whitehouse Edward, Markey, Jared Huffman actually got into a bout
- 17:41with us on Twitter when we call them out on his bullshit.
- 17:44So and he retweeted simply Bitcoin, he called us crazy,
- 17:47toxic Maxie's. We take a lot of pride in that.
- 17:50But listen, couple couple things that I want to mention.
- 17:55They're not going to let up and make no mistake.
- 17:58It's not about the environment. The Norway example is a great
- 18:01example of that and another observation that I want to make.
- 18:04First of all, I want to preface this simply Bitcoin is a
- 18:07political. We do not believe that Bitcoin
- 18:10is a political technology. We believe that Bitcoin is for
- 18:13everybody, Bitcoin helps the unbanked, it's the most
- 18:17inclusive money, the world has ever seen, but why is it that
- 18:21the left-wing parties all around the world, whether it's Norway.
- 18:24Whether it's China, whether it's in the United States, they are
- 18:28the main attackers of Bitcoin. I thought you guys were for the
- 18:33little guy. What is going on here?
- 18:36Why are you attacking the most inclusive money?
- 18:38The world has ever seen? That helps people that don't
- 18:42have bank accounts. Helps people that live in hyper
- 18:45inflating countries helps refugees crossed the border and
- 18:49take their wealth with them. Why are you guys attacking
- 18:52Bitcoin mining? What is Going on here.
- 18:55It's the left-wing parties in Europe, the left-wing parties
- 18:58and Norway. The left-wing party off.
- 19:00There's only one party in China and the left-wing party in in
- 19:04the United States. Now it's not black and white.
- 19:07There are plenty of Democrats that support Bitcoin but you
- 19:11cannot deny that the people that are fighting Bitcoin, the most
- 19:16have come from a certain political ideology and I do not
- 19:19believe that it's a good idea that Bitcoin becomes a partisan
- 19:23issue because it's not It helps everybody.
- 19:26So I'm calling bullshit. Elizabeth Warren.
- 19:29You don't give a flying. Fuck about the Russian
- 19:32sanctions. You don't care about the
- 19:34environment. When it comes to this, you are
- 19:36attacking it because you can't control Bitcoin.
- 19:40That's what this is about. That's what it's always been
- 19:43about and shame on you because you're willing to destroy
- 19:46something that helps billions of people.
- 19:50Look at the examples that we talked about Cubans having
- 19:53access to the Global Financial Anshel system through Bitcoin.
- 19:56What about the Afghan? He's when the United States
- 19:58decided to shut off the F Afghan from the from the financial
- 20:02system. When Western Union pulled out,
- 20:04Bitcoin was there and that is what you're attacking.
- 20:08Elizabeth Warren, that is what you're doing.
- 20:11You're a fraud. Anyways, Phil It's gonna be
- 20:16tough to follow that up. I gotta be honest with you I was
- 20:19that was fired. Look, I think I'm going to take
- 20:22a different, a different spin on this.
- 20:25Look, it's incredibly disingenuous that we have
- 20:30politicians that attack Bitcoins energy use but at the same time,
- 20:34the same politicians aren't going and figuring out what the
- 20:38environmental impact is of all of this plastic crap that is
- 20:42produced. Okay.
- 20:43There's that piece of it. The other piece is You know, if
- 20:46you go take a look at the companies that contributed to
- 20:48Elizabeth Warren in 2020. There's, you know, if you look
- 20:52at the top 20 contributors IBM, is on that list.
- 20:55Now, don't get me wrong, but IBM has produced a lot of computers
- 21:01throughout the years. They have used a lot of plastic.
- 21:04Okay, a lot of it. And it's interesting that in no
- 21:08way shape or form, does she questioned and, and not even
- 21:11just heard but that anybody, why is nobody questioning IBM?
- 21:14Why is nobody? D questioning AT&T, for laying
- 21:17down, all of the cable. All the fiber.
- 21:19What's that cost? What are you talking about?
- 21:21It enables. It enables communication.
- 21:23Well, guess what? Bitcoin enables sound money for
- 21:26everyone. So, it actually has.
- 21:29And again, this goes back to something, which I totally do
- 21:32not remember who it was that said this, but it has to do
- 21:35with. Do you think that that Bitcoin?
- 21:41Is the energy that's wasted. Is it valuable, right?
- 21:45Is it valuable that the energy that is being used is being used
- 21:49for Bitcoin now? If you value sound money, if you
- 21:53value censorship resistance, okay?
- 21:56If you value these things then yes Bitcoin is worthwhile and
- 22:02you know something else it's fantastic because the
- 22:04politicians are saying one thing.
- 22:06Certain politicians are saying one thing painting Bitcoin as an
- 22:09enemy. Unfortunately, for them Bitcoin
- 22:12is transparent and doesn't have a head that you can chop off.
- 22:16So as a result, It doesn't matter that they see that they
- 22:20say all these things because in the end, we're seeing what the
- 22:24truth is. And we're seeing what reality is
- 22:27and the reality is this, anybody anybody can opt into Bitcoin or
- 22:32opt-out a Bitcoin. It's exactly what you said,
- 22:34Nico, the most inclusive Financial technology that that
- 22:39mankind has ever seen. So how much is that worth?
- 22:43I bet you that's worth a lot to people who don't have access to
- 22:46good money. I bet you that's worth a lot to
- 22:48the unbanked. How many people got wallets in
- 22:51El, Salvador within the first three months?
- 22:55What was that they had like over 1.6 million wallets?
- 22:57I think, dude, that case very mean is more Bitcoin wallets.
- 23:01In El Salvador, there is bank accounts, bank account, the
- 23:04banking go system. Had a 50 year Head Start like
- 23:08and there's a reason for that all the fucking red tape.
- 23:11Okay. Bitcoin you download a wallet,
- 23:14you're good to go. The bureaucracy is the problem
- 23:17and people like Elizabeth Warren are frauds because they aren't
- 23:21for the little guy what they're about is power and control.
- 23:25And you know what? There's people on both sides
- 23:28that are like that, but dude, this pattern is fucking
- 23:31troubling. I hope it ends and I think that
- 23:34the way that you fight back against these people, is you
- 23:36expose them and you call them out on their bullshit.
- 23:40And you, dude, you can't deny this.
- 23:42Like, this is undeniable Phil. Remember in the very beginning.
- 23:45When we first started covering this, dude.
- 23:46Like, like eight months ago, I was like I dude, I'm starting to
- 23:50pick up a pattern. We I would say this off are to
- 23:52you. I was like, I'm starting to pick
- 23:53up a pattern but I don't know. Maybe I'm crazy dude.
- 23:57Why is it only coming from one side?
- 24:00I don't understand it. I don't get it.
- 24:04Tinfoil hat time. Okay, here we go.
- 24:05So now we're going to now we're going to speculate even though
- 24:07we say we never speculate my speculation is this they're
- 24:10going to convince these politicians that are for this
- 24:13crap, okay? They are going to convince
- 24:15whoever it is that they're going to convince whatever States,
- 24:17they're going to convince and it's going to be funny because
- 24:19what's going to happen is that all of these states are going to
- 24:21quote unquote, use less energy but they're also going to be
- 24:24able to produce dude less energy.
- 24:26So what it's going to do is it's going to cause a cascading
- 24:29effect where they say you now have to use less energy because
- 24:33less energy is being produced and the grid can handle his
- 24:36money. It's already a religious man,
- 24:37it's already happening. Check out these comments from
- 24:40the New York Times article, bro. It is the most depressing shit
- 24:43I've ever seen. Check this out.
- 24:46So it's already happening, right?
- 24:48Okay, to be fair. There's a lot of bitcoiners in
- 24:50this comments and it wasn't like this the first time I checked,
- 24:54but so awesome. Fuck, yeah, we're fighting back.
- 24:58So let's check, let's take a look at these.
- 25:00Shouldn't these libertarian clowns, develop their own power
- 25:02Network first. That's exactly what we're doing.
- 25:04Clown next one thank goodness for Senator Warren.
- 25:08One of the few leaders paying attention to what is happening
- 25:11in the world. Whenever a problem pops up, our
- 25:13dear leader, Senator Warren has a plan to get ready to go if
- 25:17crypto miners want to In you to operate.
- 25:19This should be required. They should be required.
- 25:21Ah next one electricity is a basic service that all US
- 25:25citizens need until we transition.
- 25:27Fully from fossil fuels, to Renewables our energy production
- 25:31contributes to climate change, which is costing billions, think
- 25:34California, wildfires and Texas floods.
- 25:37Bitcoin mining is not a service that has a benefit to society.
- 25:41Sounds like you got Financial privilege practical realities.
- 25:45Anyways. So yeah, dude it like when I
- 25:47read comments like that, Phil Honestly, it's so depressing
- 25:50because people buy into that propaganda, they have no idea
- 25:55about the effects and they just say, oh, climate climate climate
- 25:58climate and they just buy into it.
- 26:00Are we denying climate change or we saying that?
- 26:02There isn't pollution, I live near the ocean.
- 26:05In Miami, right, dude. There's a ton of garbage in the
- 26:08ocean so I care about it. I hope that gets cleaned up.
- 26:11What we don't agree in is creating a bigger government
- 26:14bureaucracy because that has never been able to solve
- 26:17problems. That's the thing, right?
- 26:20So anyways, my two cents Phil. It's time for it.
- 26:24Well, the daily fail brought to you by Swan.
- 26:27Check them out. Swan.
- 26:29Bitcoin.com automated Bitcoin savings plans.
- 26:33Instant purchases, you've got ten bucks.
- 26:35You've got ten million dollars. Swan has you covered the best
- 26:40place to d.c. a? Check them out.
- 26:42The link is down below. All right, I know that there's
- 26:45so many people that have been waiting for updates, right?
- 26:48We we did Video on the, the eith roadmap to, to eith 2.0 that
- 26:55involve the merge, the Splurge, The Purge.
- 26:58And all of this wonderful rhyming stuff that they love to
- 27:00have in fantasy Unicorn Land. Well fret, not because guess
- 27:05what, etherium devs pencil in. They didn't pain it in, they
- 27:10didn't make it, they didn't guarantee it, they penciled it.
- 27:12And so you could erase it, but they penciled in the September
- 27:16date for the merge. That's right, not the purge, but
- 27:20the merge. So here we go.
- 27:22Come September, 19th. The network is expected to merge
- 27:26from its current state as a proof of work.
- 27:29Blockchain. And here we go.
- 27:30Niko, this is some of your favorite, your favorite rhetoric
- 27:34to an energy-efficient proof of stake network, of course, right?
- 27:40Because they want to remind you, this is not just going to be
- 27:44ultrasound money, but it's also going to be ultra clean.
- 27:49It does it. All it does everything.
- 27:51This merge timeline isn't final, of course not, but it's
- 27:54extremely exciting to see it coming together.
- 27:56Tweeted Beacon chain, Community manager, super phys.org with,
- 28:00please regard this as a planning timeline and look out for
- 28:05official announcements. That's right, all of you who
- 28:07have your thirty three billion dollars locked into a shit
- 28:09chain. That doesn't move.
- 28:10And doesn't do anything fret. Not soon.
- 28:14You may or may not have access to it.
- 28:15We're not sure but we're excited.
- 28:19The sales rhetoric is just absolutely brutal.
- 28:21The beacon chain is the proof of stake version of aetherium.
- 28:26Currently running in parallel, to the proof of work based main
- 28:30meth. I'm gonna just add in something
- 28:32here. It's not actually running.
- 28:34It doesn't actually do anything. It just has a whole bunch of bag
- 28:37holders with their eith locked into it waiting for something to
- 28:41happen so it isn't actually doing anything anyways.
- 28:44It launched in December 2020, marking the beginning of the
- 28:48Multistage upgrade. Superf is included.
- 28:51A more detailed outline of the next steps.
- 28:52Including a final trial on the last aetherium test, net
- 28:57Gourley. And here we go.
- 29:00This is a tweet from Sasol da teeth, another, another great
- 29:03eith shill account that I always end up going back and forth with
- 29:07because he's terrible. Here we go.
- 29:09Gourley the last public test net to run through the merge,
- 29:11transition should do so around, August 11th.
- 29:15Okay. So keep all these dates in your
- 29:17mind, August. 11th is when it goes through the test net by
- 29:20September 19th. We should have good news.
- 29:22Anyways, it's fantastic when the goalpost don't actually exist
- 29:27and that's exactly what they're showing.
- 29:29So here we go, the merge and aetherium 2.0 instead of minors.
- 29:32Here we go, instead of miners around the world confirming
- 29:35transactions and minting new blocks.
- 29:37So called validators will do the same a validator, at least in
- 29:42the etherium network refers to an entity that has deposited.
- 29:46A minimum of 32 aetherium to the beacon chain.
- 29:51Or that kind of, that kind of sounds like a top-down
- 29:56structure. That kind of sounds like the the
- 29:59people who can afford to enter the system and maintain the
- 30:04system get to do it and everyone else just gets to pound sand.
- 30:08And a lot of times, well, what I've seen from each Jill's is
- 30:11they'll say, well, you know, you could have bought those e 3
- 30:14years ago and then that, you know, those 32 wouldn't have
- 30:17costed you so much. That is some typical BS, there
- 30:23will always be 21 million Bitcoins, okay?
- 30:25That is the most that there will ever be.
- 30:27And guess what? You can go and buy Bitcoin
- 30:30anytime if you so choose. And guess what?
- 30:33Regardless of how much Bitcoin You by regardless of how much
- 30:35Bitcoin I buy. We both have the exact same
- 30:38power on the network. Exact same power not here
- 30:42though. Not when you not not, when you
- 30:44want to be an eat, validator and you need to have at least 32
- 30:48eith. What that does is it creates a
- 30:50moat and it creates a barrier to entry because etherium has a
- 30:55tiered system and they're making sure that the worker bees are
- 31:00going to stay right down there. This is.
- 31:03Anyways, to me all this just looks like a pyramid.
- 31:06Okay. Alright let's wrap this one up.
- 31:08The steak. The steak Keeps The Entity
- 31:11economically aligned to continue diligently.
- 31:14Verifying transactions. If they don't some of that
- 31:18deposit can be taken away from them.
- 31:22What? So so if your quote-unquote not
- 31:27validating correctly, daddy etherium is going to come and
- 31:31take away some of your deposit. This is this is just weird and
- 31:36stupid. Anyways, conversely, if they
- 31:38continue to maintain high uptime and prevent fraudulent activity,
- 31:41validators can earn additional etherium for their services.
- 31:46Wow, that's pretty amazing. Anyways, I you know what,
- 31:50honestly, this is just such a load of crap, people have no
- 31:55idea what they're in for when this if it actually makes it to
- 32:00proof of stake. I'm not really sure if it does.
- 32:02But all I'm seeing here is a kantian effect and I'm seeing a
- 32:06top down pyramid structure, okay?
- 32:09Where there are the the devs and you've got people like vitalic
- 32:15and Joe, Lubin and us very small group of people.
- 32:19That are all the way at the top, controlling everything.
- 32:22And then you have a substructure of these quote-unquote aetherium
- 32:25validators that are kept in. Check this is I'm tired.
- 32:30This is not going to end well for anyone.
- 32:32Anyways, Nico before I dive into the next piece of the fail.
- 32:36I just wanted to give everybody an update as to, you know where
- 32:40where and when the merge splurge and virgin Purge was going to
- 32:44happen. Sorry about that.
- 32:45It's really, really scary stuff man.
- 32:48It's A lot of people haven't woken up to that thinking that
- 32:54it's going to end differently as naive.
- 32:56Right? Proof of work was The
- 32:57Innovation. It's what ensures rules without
- 33:01rulers, right? That sounds like rules with
- 33:05rulers and you know, so we can catch mint and punishments and
- 33:11governance and government, right?
- 33:13So think it's going to end differently, there is no doubt
- 33:16in my mind that this will be captured by government
- 33:18eventually. Um like it's just it's
- 33:21inevitable and he's already setting it up.
- 33:24Where you know these shit coins need to justify their existence,
- 33:29right? Because like what is the reason
- 33:33for existing if it doesn't do something better than Bitcoin,
- 33:35right? So clearly they're taking the
- 33:39energy efficient narrative, right?
- 33:41And we already know that they're pushing that hard in the
- 33:46cleaning up, crypto community and in front of Congress, right?
- 33:50They had a professor who was close to the metallic and guess
- 33:53what? He was pushing proof of stake.
- 33:55Right. Coincidentally, right so yeah,
- 33:57this is a, we have to, we have to get ahead of this clearly.
- 34:00Elizabeth Warren is working. Hard to capture the narrative
- 34:03and you saw in those comments in the New York Times article,
- 34:06she's obviously successfully convince some people, but to
- 34:12give bitcoiners credit, we definitely had a couple base
- 34:15Pleasant there. Fighting the good fight.
- 34:17Anyways, this is my two cents to SATs, better said to SATs.
- 34:20That's right, the two sats are worth more than two cents, Nico.
- 34:23And and to go back to something that you said, they specifically
- 34:26put at the top of the article that they are moving to energy
- 34:29as you were saying, Energy Efficiency, Isn't proof of stake
- 34:33by the way. This is what the before we move
- 34:35to the next fail. I just want to mention one point
- 34:39you ever noticed how they never have any actual numbers for this
- 34:42Energy Efficiency. Like it's very interesting
- 34:44bitcoiners and and Bitcoin miners have to produce so much
- 34:49data to prove what they're doing and yet these shit coiners don't
- 34:54have to prove a damn thing. All they gotta do is play
- 34:57buzzword Bingo right to just put in the buzzwords.
- 34:59It all looks good, the unicorns. You know, and then we're happy.
- 35:04This is anyways. These are mental gymnastics and
- 35:07we're just surrounded, we're just surrounded by enemies.
- 35:11Anyways, speaking of enemies, Nico, guess what?
- 35:14For the people who thought that the bull the you know that the
- 35:18Bull Run was over. There's some more shit coining
- 35:22on the way and there is some new shit coining Nico.
- 35:24There is some new shit coining to lure in some noobs and fleece
- 35:29them, all right? And we're going to dive into it
- 35:31right now. Let me ask you something, what
- 35:33has been missing from defy Nico and it's okay.
- 35:36If you don't know because I don't know either, because we
- 35:39will find out what's been no idea.
- 35:41I don't know, I have no fucking idea.
- 35:44Let's take a look. What's been missing?
- 35:45All right, we got we got tagged by at ziltoid xgf.
- 35:51I obviously I'm not going to read that because I know what,
- 35:53but all right, here we go, here we go, let's take a look.
- 35:56He tagged Us in this tweet from a Julian gay.
- 36:00Let's go take a look at this. Okay, looks like he's building
- 36:04the at preda at cred underscore protocol.
- 36:07Previously CEO of zendo. Imagine The Future, make it
- 36:12happen. Oh, that sounds so good.
- 36:14Right? Just gives me the warm and
- 36:16fuzzies. Yeah, I want the future to be
- 36:17beautiful. Give me the unicorns.
- 36:19I love the unicorns. All right, let's take A look at
- 36:21this over the last few months we've been working to build one
- 36:24of the first credit scores for defy, oh that's what we've been
- 36:30missing credit scoring on something that doesn't exist and
- 36:34doesn't do anything. Of course today, we're excited
- 36:39to share the results of our first credit score with the
- 36:42world. Read below.
- 36:44Let's take a look at this. Our mission is to bring defy
- 36:47lending to 1 billion people. We believe that defy will one
- 36:52day provide access to financial resources to anyone with an
- 36:56internet connection. One of the main reasons
- 37:01quantification of risk is so important is that without it,
- 37:05defy lending has to remain heavily and in this is the key
- 37:10Niko heavily over collateralized which means inaccessible, well,
- 37:17that sounds like that sounds a little bit more like some
- 37:21bullshit because when you over collateralized loans, if you ask
- 37:25me and I may be wrong. But I believe that that
- 37:28increases the Security. Does it not because there's more
- 37:31money backing it? So it sounds like we want to go
- 37:34the other way on this one. Anyways, anyways, moving on.
- 37:38Let's go take a look at the cred protocol for a second.
- 37:40It's a decentralized credit scoring and it's expanding
- 37:43access to defy. Well, that's fantastic.
- 37:45Let's go to their website and see what their see what they're
- 37:48selling us. Here we go, here we go.
- 37:51So the decentralized credit scoring expanding access to defy
- 37:54lending. Alright, great.
- 37:55Great to keep saying that but we don't know why credit is a
- 37:58decentralized credit. Or a financial primitive or at
- 38:01least they have one word in there.
- 38:02That actually is accurate. It is primitive that enables
- 38:05here's the buzzword Bingo web three smart contracts to make
- 38:11better risk-based decisions boom.
- 38:14We've got smart contracts, we've got web three, we've got defy.
- 38:18This is going to be good. Okay, defy loans are over
- 38:22collateralized, go over, collateralized up to eight
- 38:25hundred percent making them unusable by regular people.
- 38:28That's right. People that were getting fleeced
- 38:30in the last Market. All those regular people?
- 38:33Nah, they were using it. That's not what's happening at
- 38:36all. We're gonna fix that for you.
- 38:38We're going to add more risk and make it so that anybody can get
- 38:42fleeced even faster. Anyways by quantifying borrowing
- 38:46risks. We're enabling access to loans
- 38:49that make a difference. Now, I just want to bring
- 38:51people's attention to Freddie, Mac and Fannie, Mae and
- 38:55specifically Moody's Moody's is a rating.
- 38:59CC button paid for by the highest bidder.
- 39:02There's no way that this can happen to this centralized
- 39:05entity. Okay guys, there's no way that
- 39:07this can happen. I just want you to keep that in
- 39:09mind. All right, so let's go take a
- 39:13look very quickly at the cred protocol.
- 39:16Decentralized credit scoring. Okay, let's take a look and this
- 39:21is where this is where you're supposed to get excited under
- 39:25collateralized consumer lending is a for Trillion dollar market.
- 39:31It's not happening in defy. Yet the missing components is
- 39:35the quantification of risk at scale.
- 39:39Aka the credit score. That's what we're building at
- 39:42cred protocol. That's right guys.
- 39:44We need more insecurity in that Network.
- 39:47We need to be able to rug pull you a little bit faster, okay?
- 39:52And it's fantastic, that they're going to bring these under
- 39:54collateralized sorry that they're gonna bring under
- 39:57collateralized consumer Lending. Adding to this four trillion
- 40:00dollar market. Now, with that supposed to do,
- 40:02is it supposed to make you feel really good, the possibilities
- 40:06boy, I'd like to get my piece of that four trillion dollar
- 40:09market. Well, let's take a look because
- 40:12they essentially, they claim that this hasn't happened in
- 40:16defy yet. There hasn't been this consumer
- 40:19lending, but wait, let's go take a look at the wrecked,
- 40:23leaderboard. The wrecked leader board
- 40:25consists of 96 projects that God that were rug pull.
- 40:29Thing and that were effectively lending, it's insane.
- 40:33And if we take a look, one of the one of the projects, one of
- 40:36the projects that they tout is compound, compound is number 6
- 40:40on the list and rug pulled for 147 million dollars back in
- 40:452021. So to state that this bullshit
- 40:49hasn't happened yet, it has okay, it's already been there.
- 40:53It's already been rug pulling. Even though the loans are over
- 40:56collateralized, it doesn't mean anything.
- 40:59Oh, okay. It means absolutely nothing and
- 41:02I just wanted to remind everything.
- 41:04I just want to remind everyone of this here, lies the names of
- 41:07some of the defy protocols that have fallen victim to attack
- 41:13exploit or Arbitrage. This list is not complete and it
- 41:17never will be. So, I want you guys to think
- 41:19about this, when you think about a stupid project that offers
- 41:22quote, unquote, defy, credit scores, really what this is
- 41:26going to do is offer a pass to scam.
- 41:29Worse to be allowed to run. Pull you and say hey we had a
- 41:32very low score. You should have known the risks.
- 41:37That that's what I see. So look I just think that this
- 41:39is a complete load of crap. I can't believe that people are
- 41:43going to fall for this. Let's let's just go back through
- 41:46it, guys. We had the ico's.
- 41:48Okay. We had, we had the IE OHS.
- 41:51Okay, which were the exchange offerings.
- 41:53Okay, we had defy, we've been FTS now.
- 41:58We have another layer on top of that for credit scoring these
- 42:03crappy defy. Don't fall for this shit, okay?
- 42:08These people aren't going to offer any level of security in
- 42:11any way, shape, or form a credit score to a scam, doesn't matter.
- 42:16Okay, never forget all of the projects that we've gone through
- 42:19and we showed you. Some of them were audited
- 42:22audited by quote-unquote, trusted Auditors, like sir, tick
- 42:27Quan stamp Peck Shield. It doesn't matter.
- 42:32It makes no difference when you ever want your money's gone.
- 42:34It's gone. Gone.
- 42:35So anyways. Thank you very, very much
- 42:38deltoid for tagging Us in this. I think that this is just going
- 42:42to be another rug pull and I can't wait to see the quote
- 42:45unquote shit coin projects that get a credit score and then we
- 42:49end up reading about them in the fail.
- 42:52Three weeks later. When they've rug pulled Nico.
- 42:54Any thoughts on this? New innovation dude, spot on
- 43:00fucking it's just it's just seen garbage over and over again.
- 43:03There is no innovation. And it's all centralized
- 43:06garbage. All these shit coins are just
- 43:07designed to redistribute wealth. Take money, take your money and
- 43:12Rich the founders. A lot of these rug pools are
- 43:15even by the founders themselves. Right that what, what a
- 43:17convenient way to get out of that, right?
- 43:20So yeah, it's just it doesn't surprise me and it's what you
- 43:24said in the beginning. That's so funny.
- 43:26Like we thought they covered every angle know.
- 43:28But now you need credit scores for your creds, right?
- 43:31And I know how much you like Craig's fill so no man.
- 43:34It's just, it's just total total clown World, bro, but it's good
- 43:38that we keep exposing them. We keep like, whether it's the
- 43:42climate stuff, whether it's the shit coins, you just have to
- 43:44shine a light of Truth on this. Just expose it and you know,
- 43:49hope as many people as possible. Wake up.
- 43:51We've been getting a lot of a lot of positive comments lately.
- 43:54Feel, you know, especially now that the bear Market hits, you
- 43:58know? So yeah, we're going to keep
- 43:59doing us man and I know we're going to get a lot more hate,
- 44:02especially, you know, when a lot of these girl, a lot of these
- 44:04people. Their business is a scam other
- 44:06people. We're very inconvenient.
- 44:08We're toxic plebs bro. Remember we're toxic pledge to
- 44:11them because we're calling out their bullshit.
- 44:13Anyways dude we even got plant we even got blocked by Plan B,
- 44:17bro. Because we sided with Corey
- 44:19right from the beginning. You know, we didn't know what
- 44:22the fuck was going on, but we trust and Corey and Lord that 99
- 44:26percent variance we go. We just don't understand it
- 44:29because we just don't, we're not talented enough, but I just
- 44:32wanted to make another point about the credit score thing.
- 44:34Member this. Okay, I always thought we always
- 44:36talk about the partnership parade.
- 44:39The technology trap, this is validation by association, okay?
- 44:47And that's what that is. Hey, look look guys, you don't
- 44:50need to worry because we're going to offer you a credit
- 44:52score and and then when you look at that you'll know how risky
- 44:56the project is like you couldn't tell that a scam was risky to
- 44:59begin with. Anyways I just yeah man this is
- 45:03garbage and we keep it. Closing it.
- 45:05Yep, it's garbage. And we're going to keep calling
- 45:08out the bullshit but anyways Phil it's time for the Daily
- 45:12Mirror of you brought to you by Citadel 21.
- 45:14It's the best. Bitcoin cultural scene is
- 45:16stories articles Comics but actual bitcoiners artwork for
- 45:19volume 12. This is artwork for volume 11 is
- 45:22the artwork for volume to volunteer is almost sold out
- 45:26because there's only a thousand physical copies made per volume.
- 45:29Guys, get your prints are collectors items of pseudo 21
- 45:33today before they run out. All right?
- 45:34Buddy, welcome to the Daily. Bitcoin mean review review
- 45:38Bitcoin memes, they play an essential role on this narrative
- 45:41trench warfare and Bitcoin culture.
- 45:43They're awesome. Let's get to the memes first
- 45:45meme by t.k. toxic at. Let's check it out.
- 45:49I have no desires to fit in. No plans to walk the crowd.
- 45:52I have my own mind, heart, and soul.
- 45:54I follow the truth. Not the media, and devil
- 45:56worshippers. And okay, I like that.
- 45:58Like that. It's funny.
- 46:00Well done, very well done. All right.
- 46:01By Rasmus you are here paying taxes to Pedal?
- 46:05To stay out of a cage. Well, they bombed children.
- 46:07Destroy your savings collapsed economy and and blame it on you.
- 46:11I love the bread in the blue because again, right the
- 46:14political parties man. Does it matter who's in power?
- 46:16They just print money, they don't care.
- 46:18And then they're like, oh, it's the Democrats if you vote Us in
- 46:21will fix everything and then the Democrats get empowered.
- 46:23So the Republicans if you know it's just it's a total scam.
- 46:28Yeah dude. And this really goes to, you
- 46:31know the sovereign individual and how he's telling how
- 46:34Bitcoin. Oin.
- 46:35Empowers. The individual to move to
- 46:37different jurisdictions. That's, it would be create an
- 46:39Arbitrage situation and hopefully would fill always
- 46:43says, governments are actually hadn't have to provide value now
- 46:46that you'll see Capital flight fleeing.
- 46:48Anyways, when you find out Bitcoin is more than gu, that's
- 46:53not what I was expecting, but I'm here for it.
- 46:55I love it. Alright, moving on to the next
- 46:57one. All right.
- 46:59Right. Said Fred the great resist.
- 47:02I love that they will. They will own.
- 47:05And they will be unhappy. It's so true.
- 47:07Bitcoin is the great. I told you Peter scam coins
- 47:12cause unnecessary stress. You silly cunt.
- 47:15That's hilarious. All Right.
- 47:16Moving On by Paulo or do you know, he's the chief technology
- 47:19officer at bitfenix and also the chief CTO of tether as well,
- 47:24it's alive and it's Bitcoin. It's a Franca science like art.
- 47:27It's not to do it. It's clever.
- 47:30Anyway, so that for that, I am looking, I'm looking I'm looking
- 47:35I'm going to get, I'm going to give it a hat.
- 47:38The Dorado Beach hat. Boom!
- 47:41What would you give those memes? It's so crazy.
- 47:44How were they end up in sink without even discussing
- 47:46anything? Okay, look, I know we have a
- 47:48spot. I know we have a clothing
- 47:49sponsor. I was given, I was given
- 47:51something by a fellow Bitcoin, ER, Max by bit and he has a web
- 47:57store with mr. Krown called ungovernable
- 47:59Misfits.com. And I receive today, my bad.
- 48:05Hoodie. So yep.
- 48:07That's what I'm given. First score by rat.
- 48:10Very good scores, very good scores.
- 48:12Anyways guys, we want to know. If you agree with our scores,
- 48:15you disagree, let us know down in the comment section comment.
- 48:18Comment comment, comment. Make sure to join our telegram
- 48:20group where you can link us. Some awesome meme serve you
- 48:23because it's a Bitcoin me review and we need awesome memes.
- 48:26Join the telegram. It's waiting for you.
- 48:28Down the link description, and Make sure to subscribe to us.
- 48:31Alternative video platforms, like, Rumble.com.
- 48:33In a personal favor. Bitcoin tv.com.
- 48:36Anyways, fill it was an open source software released today.
- 48:38Why don't everybody about it software releases brought to you
- 48:42by Cipher safe. Check them out.
- 48:43Cipher safe dot IO, forget the paper papers dead store your
- 48:48seed in steel store. Your seed in the Cipher wheel or
- 48:52the only new Cipher grid. They both come with a
- 48:54tamper-resistant wire and the grid comes with a punch tool.
- 48:58All right, we've got BTC pay server.
- 49:00In one dot 6.1. That's right.
- 49:03These guys are releasing stuff super fast.
- 49:05I think we just announced 1.6.2 last week.
- 49:08Anyways, 1.6, dot 1 is released and the link is down below in
- 49:11the show notes. What is what is BTC pay server?
- 49:14Phil what is be TCP server? Yes, okay.
- 49:18BTC pay server is a merchant tool which allows people to
- 49:21accept Bitcoin and lightning payments, really easily.
- 49:25You can host your own BTC pay server, or you can have, you can
- 49:30have them Them host it. So it could be, you know, it
- 49:32could be hosted. Let's say on the cloud so to
- 49:34speak. Awesome.
- 49:37Good with it. Yeah, that's good.
- 49:39Good with that one. All right, cool.
- 49:41I forgot that we were starting to have that.
- 49:43I'm sorry. All right we're adding it back.
- 49:45We used to do it then we stop. Now we're doing it again.
- 49:48Thank you guys. Thank you for always keeping us
- 49:49honest. And asking us for this stuff.
- 49:51Okay, because we were doing it, then we stopped anyways.
- 49:55Don't forget to check us out on our Audio.
- 49:57Only platforms, Apple podcast, Spotify and anchor.
- 50:01If you want to stream a SATs. Check us out on Fountain dot f
- 50:04m. You can stream us at Cool
- 50:06Breeze. Awesome.
- 50:07Thank you for all right guys. Before we going to give a very
- 50:09special shout-out to our awesome clothing sponsor represent
- 50:12LTD.com fill a night where the hoodies every single day,
- 50:15different designs. We obviously have our favorites
- 50:17but we try to change it up and it's very comfy.
- 50:20It's stylish. I literally wear this all the
- 50:22time at the airport, you only see me in represent hoodie.
- 50:25Not because they pay us but because they're actually
- 50:27genuinely comfortable. Anyways honestly we wouldn't
- 50:31have accepted it if it was an awesome right that we kind of
- 50:34have a we have a strict policy. We get so many Furs from shit
- 50:36coins. Anyways, guys, they're stylish,
- 50:38they're comfy coming out with Bitcoin merch, simply Bitcoin
- 50:41merch. It's awesome.
- 50:42Music, it take advantage of the promo code down below to get 10%
- 50:45off. Represent LTD.com also.
- 50:47Check out Simply Bitcoins blog. It's headed by the Legendary
- 50:51Pirate prior Beach Bum. One of the OG plebs you check it
- 50:54out at www.simpleandsensational.com
- 50:58some awesome articles bear Market tires.
- 51:00He has some expose a saint all the frauds, it's awesome.
- 51:04It was so toxic that I was like Pirate.
- 51:06You got to tone it down. He's like Nico.
- 51:08Shut the fuck up. I'm not gonna do that.
- 51:10So that's how toxic it is. You definitely want to go check
- 51:12it out guys. That was our show.
- 51:14If you enjoyed the show, you know what to do?
- 51:15Smash of course you want to continue hearing the Bitcoin.
- 51:18Use from the fleet plant perspective and the catastrophic
- 51:21feels definitely consider subscribing.
- 51:23Just simply Bitcoin guys will see you.
- 51:25Now, this is Saturday episode, we're going to take a break,
- 51:28we'll see you on Monday for a brand new episode of Simply
- 51:30Bitcoin. Don't let the shit coin.
- 51:32Scammers fool you into the validation by.
- 51:36Ation. It's only Bitcoin.
- 51:38That's the real game in town.